Botanical Extracts Market Forecast to Grow at a Higher Rate According to New Research Report - Blue Sky Botanics, Dohler, Frutarom Industries, Kalsec

iCrowd Newswire23 Aug 2019, 21:40 GMT+10

An extract is a substance prepared by extracting a part of raw material, often by using a solvent such as ethanol or water. Botanical extract is drawing specific compounds from natural plant material. It is herbal products ingredient derived from various plants. Botanical extracts are extensively used ingredients in food and beverage industry, owing to their superior organoleptic characteristics and improved nutritional profile.

Rising awareness regarding the side-effects of synthetic flavors across the globe is driving the demand for botanical extracts market. Furthermore, the growth of the clean label trend across food & beverage markets is also projected to influence the botanical extracts market significantly. Moreover increasing demand for healthy and natural ingredients among the consumer in the developed countries is anticipated to have a robust impact in the botanical extracts market. Increase in the need for tertiary processed food is expected to generate untapped opportunity for the market participants.

Rising awareness regarding the side-effects of synthetic flavors across the globe is driving the demand for botanical extracts market. Furthermore, the growth of the clean label trend across food & beverage markets is also projected to influence the botanical extracts market significantly. Moreover increasing demand for healthy and natural ingredients among the consumer in the developed countries is anticipated to have a robust impact in the botanical extracts market. Increase in the need for tertiary processed food is expected to generate untapped opportunity for the market participants.

The report analyzes factors affecting botanical extracts market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the botanical extracts market in these regions.

The global botanical extracts market is segmented on the basis of source, form and application. Based on source, the market is segmented into spices, herbs, flowers, and tea leaves. On the basis of the form the market is segmented into powder, and liquid. On the basis of the application the market is segmented into food and beverages.